Comprehensive Report on Strategic Business Decision Making

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Added on  2023/04/22

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Business Decision Making
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Introduction
Every business entity determines various strategies in order to take different
management decisions with an appropriate manner. The is because an efficient
decision-making process ensures the success of organization.
By taking different strategic decisions with an appropriate manner, management can
improve operational capabilities and efficiency of business entity with reference to
short and long term business goals.
It also supports management for selection of best alternative from various option as
per the distinct business requirement.
The present report is carried out detail evaluation of different case studies and
business scenarios and develops appropriate strategies to generate appropriate
outcomes.
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Evaluation of Data
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Contd...
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Net income generated by 5 branches of company
London
Manchester
Edinburgh
Cardif
Liverpool
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Contd..
Advertising Costs and Sales Data of 2002 – 2015:
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Contd..
Scatter Plots
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Trend lines
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Conclusion
As per the above evaluation, it can be concluded that business decision making is
identified as a most crucial aspect of business management which is having
significant impact on the growth and profitability of business entity.
As per the above charts and diagram, it is evaluated that the sales performance of
Clothing Company is showing positive trends and generating attractive outcomes.
There has been several factor identified that have played important role in the
success and growth of business.
It includes change in lifestyle of people, market trends and business environment
that are considered as key drivers of increased demand of the imported products
and services so as company acquires wide range of clothing products from all over
the world that leads positive impact on the sales and business performance of
clothing company.
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